Polestar Automotive Holding UK PLC Sponsored ADR Class C
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) Earnings & Revenues
While Polestar demonstrated strong revenue and retail sales growth, along with successful market expansions and product achievements, significant challenges such as negative gross margins, U.S. market difficulties, and financial pressures due to tariffs and cash burn rate raise concerns. The company is making strategic adjustments but faces a tough external environment.View all PSNYW earnings summaries